What is First Merchants Corporation's net income?

First Merchants Corporation (FRME) reported net income of $43.51M in Q2 2026.

How has First Merchants Corporation's net income changed year-over-year?

First Merchants Corporation's net income decreased by 22.8% year-over-year, from $56.36M to $43.51M.

What is the long-term trend for First Merchants Corporation's net income?

Over 4 years (2021 to 2025), First Merchants Corporation's net income has grown at a 2.2% compound annual growth rate (CAGR), from $205.53M to $224.13M.

First Merchants Corporation FRME Net Income

Other financials

Income statement

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Revenue$196.1M+19.3%

Net income$44.0M-22.6%

EPS (diluted)$0.70-28.6%

Balance sheet

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Cash & equivalents$98.1M+13.9%

Total debt$1.6B+22.5%

Total equity$2.7B+14.9%

Total assets$21.3B+14.8%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.7B+18.9%

P/E14.5×+4.5×

P/S3.9×+0.5×

Profitability

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Net margin26.9%-7.4pp

Returns & leverage

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Return on equity7.4%-2.5pp

Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic.

The official record: First Merchants Corporation’s 8-K, filed July 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Merchants Corporation's net income?: First Merchants Corporation (FRME) reported net income of $43.51M in Q2 2026.
How has First Merchants Corporation's net income changed year-over-year?: First Merchants Corporation's net income decreased by 22.8% year-over-year, from $56.36M to $43.51M.
What is the long-term trend for First Merchants Corporation's net income?: Over 4 years (2021 to 2025), First Merchants Corporation's net income has grown at a 2.2% compound annual growth rate (CAGR), from $205.53M to $224.13M.